GM, BMW, Daimler to invest in hybrid project

Iria · Aug 11, 2006, 05:21 PM

Source: ZDNet
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A research alliance consisting of General Motors, BMW and DaimlerChrysler plans to invest over $1 billion in the development of a new hybrid transmission and related systems that backers say will leapfrog the market-leading technology now offered by Toyota Motor.

The three automakers have about 500 engineers who have been working for the past 18 months on the joint development of the next-generation hybrid engine technology, which combines a battery-powered electric motor with a conventional gasoline combustion engine, company representatives said on Friday on the sidelines of an industry trade meeting.

The so-called dual-mode hybrid technology that has been under development by the consortium includes an onboard fuel-optimization computer that determines when and at what speeds the two motors will be used for power and how the on-board battery will be recharged.

Aug 11, 2006, 05:21 PM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 89	GM, BMW, Daimler to invest in hybrid project Source: ZDNet _________ A research alliance consisting of General Motors, BMW and DaimlerChrysler plans to invest over $1 billion in the development of a new hybrid transmission and related systems that backers say will leapfrog the market-leading technology now offered by Toyota Motor. The three automakers have about 500 engineers who have been working for the past 18 months on the joint development of the next-generation hybrid engine technology, which combines a battery-powered electric motor with a conventional gasoline combustion engine, company representatives said on Friday on the sidelines of an industry trade meeting. The so-called dual-mode hybrid technology that has been under development by the consortium includes an onboard fuel-optimization computer that determines when and at what speeds the two motors will be used for power and how the on-board battery will be recharged.